In the attached sheet details of two companies A and B are provided, can you please review this and advise key observations and recommendations
Company A Condensed Balance sheet December 31 (In Millions) (CAD) 2018 2017 Amount Percent (%) Amount $1,771 26% $1,794 4,814 71% 4,568 118 2% 79 $6,758 100% $6,500 Assets Current Assets Property Assets Other Assets Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity $2,275 1,443 4,455 2,303 $6,758 34% 21% 66% 34% 100% $1,727 1,896 4,287 2,213 $6,500 Company A Condensed Balance sheet December 31 (In Millions) (CAD) Assets Current Assets Property Assets Other Assets Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Total stockholders' equity Total liabilities and stockholders' equity 2018 Amount $1,771 4,814 118 $6,758 $2,275 1,443 4,455 2,303 $6,758 2017 2016 Amount Amount $1,794 $1,966 4,568 4,037 79 95 $6,500 $6,164 $1,727 1,896 4,287 2,213 $6,500 $1,621 1,902 4,104 2,061 $6,164 A ce sheet ions) (CAD) 2017 Percent (%) 28% 70% 1% 100% 27% 29% 66% 34% 100% C Dec 2016 Amount Percent (%) $1,966 32% 4,037 65% 95 2% $6,164 100% $1,621 1,902 4,104 2,061 $6,164 26% 31% 67% 33% 100% Net sales Cost of goods sold Gross profi t Other expenses Income before income taxes Income tax expense Net income t CAD) Conden December 2018 (YoY 2017 (YoY change in %) change in %) -1% 5% 51% 4% -9% 13% -18% 5% 32% -24% 4% 4% 4% 7% 0% 4% 7% 5% Net sales Cost of goods sold Gross profi t Other expenses Income before income taxes Income tax expense Net income Company A Condensed Income statement December 31 (In Millions) (CAD) 2018 2017 Amount Percent (%) Amount Percent (%) $4,733 100% $4,502 100% $4,578 97% $4,063 90% $155 3% $439 10% $19 0% $35 1% $136 3% $404 9% $44 $121 1% 3% $91 2% $284 6% 2016 Amount Percent (%) $4,123 100% $3,683 89% $440 11% $24 1% $416 10% $121 3% $295 7% Company A Condensed Income statement December 31 (In Millions) (CAD) 2018 Amount $4,733 $4,578 $155 $19 $136 $44 $91 2017 Amount $4,502 $4,063 $439 $35 $404 $121 $284 2016 Amount $4,123 $3,683 $440 $24 $416 $121 $295 2018 (YoY change in %) 2017 (YoY change in %) 5% 13% -65% -44% -66% -63% -68% 9% 10% 0% 46% -3% 0% -4% Assets Current Assets Property Assets Other Assets Total Assets Company B Condensed Balance sheet December 31 (In Millions) (CAD) 2018 2017 Amount Percent (%) Amount Percent (%) $6,301 33% $5,297 30% 9,729 51% 9,252 52% 3,167 16% 3,149 18% $19,197 100% $17,698 100% Liabilities and Stockholders' Equity Current liabilities $5,099 Long-term liabilities 10,065 Total liabilities 15,164 Total stockholders' equity 4,033 Total liabilities and stockholders' equity$19,197 27% 52% 79% 21% 100% $5,101 9,259 14,360 3,422 $17,782 29% 52% 81% 19% 100% Company B Condensed Balance sheet December 31 (In Millions) (CAD) Assets Current Assets Property Assets Other Assets Total Assets 2018 Amount $6,301 9,729 3,167 $19,197 Liabilities and Stockholders' Equity Current liabilities $5,099 Long-term liabilities 10,065 Total liabilities 15,164 Total stockholders' equity 4,033 Total liabilities and stockholders' equity $19,197 2018 (YoY 2017 2016 change in %) Amount Amount $5,297 $4,347 19% 9,252 8,520 5% 3,149 2,247 1% $17,698 $15,114 8% $5,101 $4,424 9,259 9,471 14,360 13,895 3,422 1,219 $17,782 $15,114 0% 9% 6% 18% 8% 2016 Amount Percent (%) $4,347 29% 8,520 56% 2,247 15% $15,114 100% $4,424 9,471 13,895 1,219 $15,114 29% 63% 92% 8% 100% Net sales Cost of goods sold Gross profi t Other expenses Income before income taxes Income tax expense Net income Company B Condensed Income December 31 (In Milli 2018 Amount 18,065 16,891 1,174 769 405 (238) 167 Company B Condensed Income statem December 31 (In Millions) (C 2017 (YoY change in %) 22% 9% 40% 17% 15% -2% 3% 181% 18% Net sales Cost of goods sold Gross profi t Other expenses Income before income taxes Income tax expense Net income 2018 Amount 18,065 16,891 1,174 769 405 (238) 167 Company B Condensed Income statement December 31 (In Millions) (CAD) 2018 2017 Percent (%) Amount Percent (%) 100 16,252 100 94% 14,881 92% 6% 1,371 8% 4% 85 1% 2% 1,286 8% 743 -1% 5% 1% 2,029 12% 2016 Amount Percent (%) 14,677 100 13,332 91% 1,345 9% 468 3% 877 6% (1) 0% 876 6% Company B Condensed Income statement December 31 (In Millions) (CAD) 2017 Amount 16,252 14,881 1,371 85 1,286 743 2,029 2016 Amount 14,677 13,332 1,345 468 877 (1) 876 2018 (YoY change in %) 2017 (YoY change in %) 11% 14% -14% 805% -69% -132% -92% 11% 12% 2% -82% 47% -74400% 132%
